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Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on Dec. 3, 2025.Noah Berger | AWS | ReutersAmazon Web Services on Tuesday announced it is investing $1 billion in a new Forward Deployed Engineering unit that will help its customers build and roll out artificial intelligence systems. A forward-deployed engineer, or an FDE, is an employee who is embedded directly within a different business to try and accelerate a technical transformation. Defense contractor Palantir coined the term more than a decade ago, but it’s seen a resurgence among software vendors looking to boost adoption by…
Andy Burnham plans to spend some of his working week in Manchester if he becomes prime minister, the BBC has been told.It is not clear whether he will spend a set number of days there, or whether there will be a more informal arrangement.But he plans to split his time between Downing Street and the North West, it is understood.In his first speech since launching his Labour leadership bid, Burnham announced on Monday he would create a new “No 10 North” unit in Manchester if he replaces outgoing PM Sir Keir Starmer. Burnham’s allies hope his presence in the city…
Alvaro Gonzalez | Moment | Getty ImagesSome graduate students will be able to borrow more in federal student loans than previously expected after a recent court order. Under President Donald Trump’s “one big beautiful bill act,” starting July 1, new graduate students will be subject to an annual federal student loan cap of $20,500 a year, while so-called professional students can take out up to $50,000. But a federal judge in Washington froze last week the U.S. Department of Education’s definition of a “professional degree,” Judge Beryl A. Howell, of the U.S. District Court for the District of Columbia, said that…
Meta loses bid to dismiss US states’ claims that Facebook, Instagram addict children Source link
A new state law limits Florida communities’ aims to offset greenhouse gas emissions that are warming the global climate and intensifying disasters such as hurricanes. Specifically, HB 1217 prohibits local governments from pursuing net-zero emissions goals. At least 10 cities and counties have implemented such policies, including Fort Lauderdale, Miami, Orlando, and Leon County, where Tallahassee, the state capital, is located. But the new law will not necessarily upend these policies, said Bradley Marshall, senior attorney at Earthjustice, an advocacy group. “It’s certainly meant to scare municipalities and local governments from trying to do things to further net-zero policies,” he said.…
The Supreme Court on Tuesday struck down limits on the amount that political parties can spend in coordination with candidates for office, notching a win for Republicans who argued the restrictions violated the First Amendment.The 6-3 ruling, which was opposed by the court’s liberal justices, overturns coordinated-expenditure limits that had been in place for decades and withstood a previous legal challenge 25 years earlier.In doing so, it further expands the role that money will play in American politics —a role that had already been enlarged by rulings lifting limits on independent campaign spending by parties and corporations.This is breaking news.…
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UK may intervene in $110 billion Paramount-Warner Bros Discovery deal Source link
Jakub Porzycki | Nurphoto | Getty ImagesAround $2.3 trillion has been wiped off the value of the Magnificent 7 this month as the tech giant’s huge infrastructure spending is increasingly scrutinized by investors, who see stronger returns in other parts of the market.The Mag 7 comprises Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla and Amazon. The CNBC Magnificent 7 Index has fallen 10% so far in June. These companies, in particular Amazon, Microsoft, Alphabet and Meta, are collectively spending hundreds of billions of dollars buying chips and building data centers to power their artificial intelligence services. Some of this investment is…